Subject: General Aptitude · Chapter: Profit and Loss · Exam: · Marks: · Difficulty:
A shopkeeper sells 25 articles at ₹ 45 per article after giving 10\% discount and earns 50\% profit. If the discount is not given, the profit gained is
(a)60\%
(b)$60 \frac{2}{3} \%$
(c)66\%
(d)$66 \frac{2}{3} \%$
(e)None of these
Answer
Answer (as printed): D
Explanation
S.P. of 1 article $=₹ 45$. Let marked price of each article be ₹ $x$. Then, $\frac{90}{100} x=45 \Rightarrow x=₹\left(\frac{45 \times 100}{90}\right)=₹ 50$. $$\text { C.P. }=₹\left(\frac{100}{150} \times 45\right)=₹ 30 .$$ When no discount is given, C.P. $=₹ 30, \mathrm{S} . \mathrm{P} .=₹ 50$. $$\text { ∴ } \text { Required profit } \%=\left(\frac{20}{30} \times 100\right) \%=66 \frac{2}{3} \% \text {. }$$